In this blog, we will talk about how Chat GPT is transforming the way people use search engines and why it is the next big thing for the AI world. So, without waiting any further, let’s begin!
The world right now is going through a technological renaissance. With the inception of technologies like artificial intelligence, machine learning, neural networks, natural language processing, etc, the type of services, products, and apps have a heightened sense of understanding for serving the users.
These products can learn from datasets and provide relevant information to its user. With so much upgrading in today’s day and age, a new artificial intelligence (AI) chatbot has taken the internet by storm. Humans are asking it questions that are chatty, sometimes humorous, and eerily lifelike. Yes, we are talking about ChatGPTOpenAI- a chatbot based on the language model OpenAI GPT 4.
This GPT bot has gained huge traction for its human-like, detailed answers and could transform the way people use search engines by providing links for users to go through and solving complex problems in seconds.
In this blog, we will discuss what is ChatGPT? and how it works. Also, we will focus on its core features and learn how this GPT-3 chatbot will revolutionize information access.
So, without waiting any further, let’s begin!
Launched on November 30, 2022, this GPT bot is a conversational machine learning model created by OpenAI, a research company co-founded by Elon Musk (who stepped down from the board in 2018 and now remains an investor).
This OpenAI chatbot is based on the GPT bot 4 language model that uses deep learning to produce human-like text.
‘’ChatGPT offers "more creative" responses compared to similar language models developed by big tech companies.’’
- Cai GoGwilt, CTO at IronClad
ChatGPT is a combination of two words i.e. “Chat” and “GPT”. Here, the meaning of “Chat” stands for its regular meaning. However, “GPT” stands for Generative Pre-trained Transformer. It is an AI technology developed by OpenAI which is open-source in nature. GPT OpenAI is capable of conversational responses to long-form questions. It is one of the most revolutionary technologies in the domain of conversational AI.
The “transformational” structure in the GPT bot model can efficiently process long data sequences. This GPT OpenAI has layers that can prioritize words or phrases in each input. Then the GPT OpenAI model understands the context and meaning of the information better. The result is that you get better and more coherent responses.
This GPT bot can perform a number of different functions, including answering questions, solving math equations, writing texts, rejecting inappropriate queries, and more.
‘’ChatGPT was trained on an enormous amount of text data. It learned to recognize patterns that enable it to produce its own text mimicking various writing styles.’’
- Bern Elliot, VP at Gartner
A majority of people who have heard about ChatGPT OpenAI is considering it the future of content production and solving complex tasks. Indeed by far, GPT OpenAI is one of the most compelling technologies that is out there. However is ChatGPT 4 or any of its previous GPT OpenAI models really revolutionary in terms of whatever, we’ve had till now?
From the inception of the Internet to modern-day smartphones, everything felt like next-level upon its creation. And, yes ChatGPT 4 have changed the very fabric of society, the way we interact, the way we operate in our daily lives, and our dependency on these technologies. However, it is important to understand that human intervention to a certain degree is required everywhere.
Similar is the case with ChatGPT 4. It does possess the power to truly have an opinion over everything, however, This OpenAI GPT 4 is not a complete solution in its entirety. It is because ChatGPT 4 is capable of mimicking human behavior but isn’t human.
Let me explain, human beings are capable of picking abstract tasks and creating a solution around them. For instance, the invention of the wheel. ChatGPT mimics the behavior of human beings but isn’t human. Why? Because ChatGPT 4 has been trained on a variety of data that gives it the power, it possesses. This GPT bot mimics intelligence but isn’t intelligent enough to solve abstract problems that are novel in nature.
So, the question that arises is that is ChatGPT 4 or any of its previous OpenAI GPT models truly revolutionary…
Indeed, it is a revolutionary technology because of its disruptive nature. ChatGPT 4 is going to change the way we research topics, come up with new ideas, generate code, etc. However, whatever it is going to do will stay in the realm of the dataset that ChatGPT 4 has been trained upon. Beyond that, it isn’t capable of providing great novel ideas.
GPT OpenAI is the neural network model over which ChatGPT is trained. It is important to understand that ChatGPT has been trained using this model up until the data of 2021.
Now let's learn more about GPT…
The GPT model is capable of automating and improving a wide range of tasks such as
The core USP of an OpenAI GPT 4 model is its capability to provide responses to queries almost instantaneously. The GPT OpenAI model allows the user to cut off the time that will be spent on researching any topic. It works as a shortcut to find relevant data for your tasks.
Using ChatGPT 4 is pretty straightforward. Simply follow the instructions below and you will be able to access ChatGPT with ease:
One of the most important reason why ChatGPT 4 got so popular so early on is because of its capability to help businesses with multiple use cases. ChatGPT 4 is a powerful tool that can do almost anything that is related to generating text-based content.
Below are some of the top use cases of OpenAI GPT 4 model for Businesses:
ChatGPT 4 can produce a wide variety of content for any business operating in any industry or niche. Right now, businesses require content for multiple formats such as blog posts, product descriptions, social media, transcripts, scripts, etc.
Once provided with relevant data and prompts, ChatGPT is capable of producing content around this. This could be backed by human intervention, once the content is generated to give it an extra edge. This would save hours of hard work spent on research and writing and help produce information-rich content with the necessary word limit.
One of the biggest wins of OpenAI GPT 4 upon creating this wonderful tool ‘ChatGPT’ is the fact that it can produce custom content for its users. More than that the user can prompt its likes and dislikes while instructing the GPT bot. Once done, it will generate a list of custom content as per the likeness.
For instance, here is an example of us asking the list of ‘top underrated horror movies of all time’:
Despite the fact that it showed the movie ‘The Witch’ which is a personal favorite and is pretty underrated, it also gave us a list of movies, we didn’t know about. This can be done for any range of topics related to various facets. For instance, books, music, artists, etc. This information can also circulate around a particular person or topic, and ChatGPT 4 will produce relevant responses against it.
ChatGPT 4 has been trained on a wide range of data which means it has a grasp of a multitude of topics. Adding to it, the tool is also backed with technologies like artificial intelligence, machine learning, natural language processing, etc, as mentioned above.
This means it can pick data from your responses and change its behavior pattern as per your writing style and responses. This makes the responses much more human-like and organic in nature. It makes you feel as if you are talking to a friend. This capability of ChatGPT 4 and its capability to answer any query makes ChatGPT 4 a great conversational Chatbot capable of retaining customers and entertaining them with queries.
As we have already extrapolated on the capabilities of ChatGPT as a conversational Chatbot. There are multiple companies that are willing to use it for solving customer queries. This would be free-up the burden from employees that are under the crushing weight of too much work. ChatGPT can handle customer queries with ease and provide relevant responses and information to the user.
There were people who were skeptical that once ChatGPT 4 becomes mainstream, it’ll take up the jobs of employees working in content writing, copywriting, social media, etc. However, this GPT bot can not replace but instead, it can work as a great assistant for providing the schema of the topics, writing creative lines, and social media post creation. It can be also used in firms for creating emails, scheduling meetings, creating a list of operations, and planning ahead. ChatGPT 4 can also be integrated with the messenger with ease.
Many times, whenever, we require a language translator, we often turn to an app or simply use Google. However, even ChatGPT 4 can do the ordeal for its users. It can translate a wide range of languages. There is no fixed number of language translations possible. It is because the GPT OpenAI model picked this capability while getting trained with the data provided. However, it can translate multiple languages such as English, Hindi, German, Chinese, Spanish, Japanese, French, etc.
One of the major capabilities of ChatGPT 4 is its tone analytics. The tool can easily check a piece of content for its tonality. Adding to it, the GPT OpenAI can also produce content in a wide range of tones such as creative, informative, concise, respectful, emotional, etc. It makes ChatGPT 4 a versatile tool in terms of producing text-based content.
Here’s an example below of this GPT bot where we asked the tool to write a letter to a friend in a friendly tone:
Creating summaries can be a daunting task for many. In order to create summaries, it is required for people to undergo an entire topic, read it carefully, understand it, and then write it up. However, with ChatGPT 4, this operation can be performed in a matter of minutes. The user simply has to put the entire content in the prompt and provide the prompt for creating a summary. Just like that ChatGPT 4 will be able to produce a summary for its users.
ChatGPT 4 can be utilized for a series of tasks. Generating reports that are informative in nature is one such use case. The task of creating the report can be divided into a series of steps. These steps can be:
Each of these tasks of creating a report can be done by ChatGPT with ease. However, it is important to understand that by the end of the day, it is still a machine. Therefore, the content generated by it also requires a level of critical thinking and human intervention.
Considering the fact that the variety of data over which ChatGPT 4 is trained is also medical in nature. Its capability in terms of providing mental support is also exceptional in nature. ChatGPT 4 can be used for support and counseling to the users. This GPT bot can also provide detailed information related to multiple diseases. Adding to it, the OpenAI GPT 4 can even provide assistance in terms of allergies, stomach pain, and high blood pressure, and how to manage them.
ChatGPT 4 has the capability to teach about the best exercises for a particular body muscle. Adding to it, the tool is also capable of providing nutrition and a complete exercise plan based on the user’s weight, height, and age. The GPT bot is also capable of providing a complete schedule to follow and exercises that target a particular range of motion.
If you are into the business of the food industry or someone simply looking to find the recipes for creating it at home, ChatGPT 4 can come in very handy. The GPT bot can be used for suggesting a range of recipes from a particular cuisine. Adding to it, ChatGPT can also provide complete step-by-step instructions for preparing these recipes. Additionally, OpenAI GPT 4 can also provide information such as the right temperature or any other method.
Banks have always been early adopters of multiple latest technologies. From Internet banking to peer-to-peer banking transactions, banks have been at the forefront of providing great customer service utilizing technologies. ChatGPT in banks can be used for improving productivity, streamlining multiple operations, and overall enhancement of the service.
Here are some of the use cases of ChatGPT in the banking industry:
Considering the fact that ChatGPT has the capability to analyze loads of transactions, it can also be used for detecting fraud. By the analysis of this data, the GPT bot is capable of identifying patterns that can help banks. This capability of detecting patterns will help in protecting financial assets and reduce losses due to fraud. In fact, bank employees can also set up alarms, and create notifications, whenever there is an occurrence of such fraud.
Applying for a loan can be a complicated task. There are multiple steps associated with the application of loans. This could include tasks such as collecting customer data, analyzing CIBIL scores, risk management, and processing loan applications. By using ChatGPT 4, banks can automate these tasks.
Whenever a customer applies for a loan, the GPT bot can help in the process of applying for a loan at every step. This would provide real-time feedback to the customers and make sure that the information entered is accurate.
Banks receives a tremendous among of queries on a daily basis. Many of these queries are often left unattended by the human operator because of limited resources. On the other hand, the results from old-school chatbots are subpar. ChatGPT 4 can be used in banking for responding to multiple customer queries, filing complaints, and finding relevant information related to banking transactions with ease.
Wealth management is very personal and requires customized recommendations. The banks can employ GPT bot to offer custom services to analyze customer data and provide them with relevant information for managing their wealth. This would cover both investment recommendations along with the risk associated with them.
Customer onboarding is another important process for banks. This is often confusing for many incoming customers and time-consuming. For this multiple customers searches the internet and ask for assistance. However, by employing ChatGPT for the task, his process can be optimized and streamlined.
Here are some of the ways ChatGPT can help in the onboarding process:
Just like many other industries, ChatGPT 4 can also be used in Healthcare because of its capability to provide answers in almost any domain.
Here are some of the Use Cases related to ChatGPT in Healthcare:
ChatGPT can be used for providing direct assistance to patients. This assistance can include information related to medical advice, answering technical questions of the patients, and even setting up schedules & appointments.
Patient onboarding is a step that requires multiple steps for the patient and can be difficult for some people. With ChatGPT 4 at its disposal, patients can get assistance in terms of the onboarding process. Adding to it, the OpenAI GPT 4 can also guide patients through multiple processes such as registration, the workflow of the hospital, and other questions related to medication. Using this generative AI, the overall process related to onboarding can be easily streamlined and optimized.
Managing insurance in the medical community requires careful handling of the medical codes. Medical codes are basically used in the healthcare industry to identify different diseases and processes. The GPT bot can be used to interpret this data and calculate the insurance claim.
This OpenAI GPT can cover multiple phases in medical imaging. This can be from guiding the patients to scanning them. With the help of AI algorithms, the medical community can utilize ChatGPT with X-Rays, CT Scans, and MRIs. ChatGPT here can be used for detecting abnormalities and diagnosing patients.
Creating a new drug for a particular ailment is a long-term process. Steps such as preclinical research, FDA approval, clinical research, etc. However, this requires multiple back and forth, and loads of data to uncover the potential benefits and side effects. ChatGPT can be used to assist the data for healthcare organizations. Adding to it, the tool can help with data management, management of patient information, and risks of storing the data.
Healthcare requires on-demand support for managing the patient's health. Once ChatGPT is integrated with a telemedicine platform for providing assistance in terms of health consultations and symptom checks, the healthcare industry will be able to provide real-time data to patients. With capabilities to get real-time information to the patients, it can help in providing real-time insights that can help in fixing the patient’s problems.
This is amongst the most important use case. The GPT bot has the capability to educate patients on multiple health topics and gain assistance in terms of chronic diseases and other life-threatening diseases. It has the capability to provide each and every answer related to health and wellness be it symptoms, remedies, and other associated information.
Insurance is another industry that requires consistent support. It is because the majority of tasks in insurance are data-driven and require aid at every possible level. With ChatGPT much of this aid can be provided with ease.
Below are some of the use cases of ChatGPT 4 in the Insurance industry:
ChatGPT can be utilized for revolutionizing the customer experience in the insurance industry. The OpenAI GPT 4 has the capability to provide real-time assistance via its chatbot. With its capabilities, the GPT OpenAI can solve customer queries and complaints and provide all the necessary information faster.
This generative AI can provide information regarding policies, maturity, coverage, and other operations. The responses generated by ChatGPT are quick and provide substantial information just like a representative.
Just like the banking industry, this GPT bot can detect fraud in the insurance industry as well. Its capability to assess tonnes of financial records and analyze data from it gives the tool its powers. This can enable the employees in insurance to pick up suspicious activities and be cautious while providing a claim.
Every industry has to follow certain guidelines and compliances. The non-compliance by a company can lead to substantial losses and damage to the company’s name. The GPT OpenAI model can provide information regarding compliance and help insurance agencies in staying away from potential violations of the laws.
Before onboarding any customer, it is important to assess the risk associated with them. It is important because otherwise, they can turn into defaulters that can damage the company. To do this effectively, ChatGPT 4 can be used. Using the vast amount of data, more precise assessments can be made by ChatGPT. This would help both the customers and the insurance agencies in a twofold manner. An accurate assessment will aid the customers with the right coverage requirements. On the other hand, it would enable insurance agencies to detect possible defaulters in the process.
The underwriting process is an essential task for insurance agencies. To get by this, underwriters go through a wide range of customer data such as spending habits, the financial condition of the customer, lifestyle, and other relevant information. Getting all this information makes the underwriters capable of addressing the requirements and making better underwriting decisions.
With this OpenAI GPT model at bay, underwriters get an assistant that can easily detect all the relevant information for the underwriters. Information such as the economic condition of the customer, demographic trends, and other associated information.
Other than being a direct help in multiple industries, ChatGPT can also be used by developers in multiple ways. ChatGPT 4 helps developers in tasks related to automatically completing the code, debugging the code, reviewing it, documenting it, etc.
Here are some of the OpenAI GPT 4 use cases for developers:
ChatGPT is a conversational AI capable of generating code for developers. The process of writing the code from scratch is simple. The user simply needs to define his problem, choose the programming language, and review the code via human intervention.
It is essential because this AI-generated code should be used with caution. It is because if this code is used for development work in a company, it can break the NDA clause. Also, the code generated by ChatGPT is not always 100% reliable. However, the tool can definitely be used for getting an idea about the logic behind the task.
Below is the code for the calculator written in C++ using the GPT bot:
#include
int main() {
float num1, num2;
char operation;
std::cout << "Enter the first number: ";
std::cin >> num1;
std::cout << "Enter an operation (+, -, *, /): ";
std::cin >> operation;
std::cout << "Enter the second number: ";
std::cin >> num2;
float result;
bool validOperation = true;
switch (operation) {
case '+':
result = num1 + num2;
break;
case '-':
result = num1 - num2;
break;
case '*':
result = num1 * num2;
break;
case '/':
if (num2 != 0)
result = num1 / num2;
else
validOperation = false;
break;
default:
validOperation = false;
}
if (validOperation)
std::cout << "Result: " << result << std::endl;
else
std::cout << "Invalid operation or division by zero." << std::endl;
return 0;
}
ChatGPT can provide assistance in terms of improving coding skills too. It can offer a wide range of tips and help your learn all the best practices for code hygiene. Just in case, if while practicing you are stuck, you can enter the code into the prompt and let the GPT bot provide you the suggestions. This can give you all the relevant feedback that you need in order to hone your skills.
Documentation of code can be a challenging task. It is also a vital part of the software development process. This process is generally done to describe the code in formal writing. The GPT OpenAI can also suggest certain templates and examples to make this work easy.
Optimizing the code is another very essential task that is relevant to the coding process. It is because writing the code isn’t enough, writing a code that is efficient is necessary. The user can use it for optimizing any code piece be it a large or a smaller chunk. Once provided to ChatGPT, it can optimize the code for you in no time.
Often times developers are stuck while writing a code module. However using OpenAI GPT 4 for the task, can help with the completion of the code. Leveraging ChatGPT removes the dependency of manual work and provides all the necessary inputs required for the task.
People are using the live chat feature of ChatGPT OpenAI in a varied number of ways.
YouTuber Live Boeree was able to get the OpenAI chatbot to write a full 4-paragraph essay and also solve a complex math equation. She feels that kids spending hours on homework will be a thing of the past – Chat GPT Open AI will do the job for them.
What kid is ever doing homework again now that ChatGPT exists pic.twitter.com/oGYUQh3hwh
— Liv Boeree (@Liv_Boeree) December 1, 2022
One user asked the GPT bot to write a song about AI taking jobs, in the style of rapper Eminem. “Yo, it’s Slim Shady, back with a brand-new track. Rapping with anger because AI is taking our jobs back.” was a hilarious attempt of the tool at imitating the multi-Grammy award-winning artist.
What kid is ever doing homework again now that ChatGPT exists pic.twitter.com/oGYUQh3hwh
— Liv Boeree (@Liv_Boeree) December 1, 2022
This is pretty damn crazy! ChatGPT just wrote a rap lyrics in the style of Eminem. pic.twitter.com/6QDjvbhcz9
— Anton Franzen (@antondevv) December 4, 2022
Some users have even asked this GPT 3 AI to write computer code in programming languages such as Python.
Ok this is scary. @OpenAI’s ChatGPT can generate hundreds of lines of Python code to do multipart uploads of 100 GB files to an AWS S3 bucket from the phrase “Write Python code to upload a file to an AWS S3 bucket”. pic.twitter.com/fYB3JSZKMN
— Jason DeBolt ⚡️ (@jasondebolt) December 1, 2022
Software start-up founder Amjad Masad got this AI chatbot online to spot errors in his code and produce a detailed output on what’s wrong with it and how it can be fixed.
ChatGPT could be a good debugging companion; it not only explains the bug but fixes it and explain the fix pic.twitter.com/5x9n66pVqj
— Amjad Masad ⠕ (@amasad) November 30, 2022
At its core, ChatGPT utilizes algorithms to analyze a massive corpus of text to respond to user requests in language that can sound surprisingly human.
ChatGPT is refined using a tactic called reinforcement learning from human feedback, according to OpenAI. The company enlisted human AI trainers who come up with conversations, playing both the user and AI assistant.
Trainers compared responses written by this conversational AI chatbot to humans and ranked their quality, to help reinforce humanlike conversation styles. Several iterations of this process are conducted, and the model is fine-tuned.
Visit chat.openai.com and create an GPT OpenAI account. Once you log in, you can start chatting with the GPT bot by asking a question. As this artificial intelligence bot is still in its research stage, it is free to use. Also, you can ask as many questions as you'd like.
[Also Read: Best AI Chatbots You Can Talk With]
Despite looking very impressive, ChatGPT has certain limitations. Some of the limitations include the inability to answer questions that are worded in a specific way.
A bigger limitation of this chatbot technology is the lack of quality in the responses it delivers – which can sometimes be plausible-sounding but make absolutely no practical sense.
didn’t know this, TIL pic.twitter.com/7yqJBB1lxS
— Fiora (@FioraAeterna) December 5, 2022
Additionally, instead of asking for clarification on ambiguous questions, the GPT-3 chatbot just takes a guess at what your question means, which can lead to unintended responses to questions.
Lastly, this artificial intelligence GPT bot doesn’t cover events post-2021 yet. So, you will not find answers to queries related to anything after that time.
Just like ChatGPT 3, OpenAI GPT 4 is a chatbot developed by the company. The primary difference that is has been trained on the GPT-4 language model. To achieve that the company has trained the chatbot using neural network technology using massive dataset of text and code.
Chat GPT 4 is capable of producing text, language translation, and different types of creative content along with detail.
Chat GPT 4 is available currently with the Chat GPT Plus subscription. Chat GPT 4 was released by the company on March 13, 2023. However, it is still under development. Below are some of the primary functions that ChatGPT 4 can perform:
Chat GPT 3 and Chat GPT 4 are both large language models developed by the same company.
ChatGPT 4 and ChatGPT 3 are both large language models (LLMs) chatbots developed by OpenAI. However, there are some key differences between the two models that we’ve stated in the table below:
Features | ChatGPT-3 | ChatGPT-4 |
---|---|---|
Size of the Training Dataset | 1.56 TB | 156 TB |
Knowledge Base | 1 | 4 times of ChatGPT-3 |
Speed | 1x | 8x |
Accuracy & Reliability | Less Accurate & less reliable | More accurate & reliable |
Yes, ChatGPT does have an app. However, the app for ChatGPT is only available on iOS as of now. Also, there are limited countries that have access to the app. OpenAI unveiled its app on 18th May 2023 in the USA. However, in the recent news by Techcrunch, OpenAI has announced that ChatGPT will be available for download in 11 countries more.
The List of companies for which ChatGPT will be available are:
Is ChatGPT Plus capabilities available with the mobile version?
Yes, in fact now the user can experience faster response times. The ChatGPT Plus subscription can be purchased via desktop and can be easily used in the app available on app store.
The cost of subscription for ChatGPT plus in the following countries are as follows:
Countries | Subscription Cost |
---|---|
France | € 22.99 per month |
United Kingdom | £ 19.99 per month |
United States of America | $20 Per month |
There are multiple AI chatbots that are available in the market. However, keeping Chatbots like Google Bard under this category won’t be viable. It is considering the fact that this AI chatbot has been trained on the lambda model.
To truly cover the real alternatives of ChatGPT, we have mentioned the list of ChatGPT alternatives that are based on the GPT model. These are:
We hope this article was helpful in understanding what is Chat GPT and how it is revolutionizing the AI world. Chat GPT, one of the best chatbots with artificial intelligence, is capable of understanding the context of a conversation and generating responses that fit naturally with what has been said previously. This makes it a valuable tool for a wide range of conversational tasks, such as customer service, language translation, text summarization, and sentiment analysis.
Lastly, apart from this well-researched guide to explain its features, we have another in-depth report explaining how does ChatGPT work. We recommend you to have a look at that guide as well to know ChatGPT better.
In case you are also planning to develop a smart chatbot tool like ChatGPT, you can contact reliable chatbot development companies. The experts can guide you through the entire process and help you build an intelligent tool that will take your business to the next level.
She is an avid writer of technology and trending mobile apps. When she is not busy updating you about the tech world, she spends time reading books and playing guitar.
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